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Re: None

Wednesday, 09/16/2015 1:18:43 AM

Wednesday, September 16, 2015 1:18:43 AM

Post# of 47865

At July 31, 2015, we had an accumulated deficit of $3,838,797 and for the three months ended July 31, 2015, we incurred losses of $904,749. Our ability to continue in business is dependent upon obtaining sufficient financing or attaining profitable operations. However, there can be no assurance that management will be successful in obtaining additional funding or in attaining profitable operations, and therefore, these matters raise substantial doubt about our ability to continue as a going concern. These consolidated financial statements do not include any adjustments that might result from the outcome of these uncertainties, nor do they include adjustments relating to the recoverability and realization of assets and classification of liabilities that might be necessary should we be unable to continue in operation.

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